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Home My WebLink About0971 , ~ , 286042 ) i : L~ THIS INOENTURE. Mad~ the n~_ d+y of JulV _ A.D. 19 74 betwe~n Rrederick W. Houk ar~ci Ann W. Houk, hia wife of St • 1.uC le Counly t~or+da, hert~nafter desig~atrd as the "MOQTGAGOR:' and fIRST FEDERAL SAVINGS ANC LOAN ASSOCIATION OF FORT PIERCE, • capuat~or? wganized a~d ex~st~ng undc~ the laws of ~he Un~red 5~+~~s of l~~e~ic~ and h~v~np ib princip+l plac~ of bus~ness in the Gty o•` fw1 P~erc~. St. Lucie Covnty, Flo~ida, hereinaf~er da~g~ated as fhe "MORIGAGEE" NrHEREAS tM MORTGAGUR is ju~tly ~ndebted ~o li~e 1N02TG:.:.EE in i?K s.. :3 af 5--~-2-a-~~Q---• 9~ a^d lawful mo~eY o! Ihe l)~~ted S+yres advanced by tha 1~10RiGAGEE ~mo the MORTGAGOR, e~ ev~drncrd by +:~~ria•n prumisswy no~e oi even date Aerewuh, of wh~ch the tollowin9 in .,o:ds and figuros is a true copy. to-w~t: ~ 1002096,1 i 32 ~04. 00 fort Pierce. Florida, Juiy 2~ ~q 74 for val~r -eceived, 1. we w e~thrr of us. prom:se to pay, v.ithout defalcat~an, ~o tt,r orcirr of FIRST FEOERAL SAVINGS AND LOAN ASSOCIATION Of JRT PIERCE at Fu•~ P~~~~ce, fl~rida, the s~m of S 32_,500~~ ,~,,.sh ,n.e«s~ trcua date at rhr rate of _9s-r2'~'.o per ann~•m, in motithly install- •s es foi'toas: 5-284eQQ__ _ on the -~l-Ot•tlay of ~tO~gr 197~._ and a lila sum on the correspwid~ng day of each month therr ± until ~he wholr (x fvl~y pa:d. Each ~nstallment fn~ shall be appGed in paynxnt of the inrerest and ~hen on the unpa~d balance o( the p~in:'pal wm. If defauh is made in the . ntnt of any ~nste~~n;2nt whtn due, and s~:h drtaui~ tontinues 3Q days, then at the option of ~he ho:der, and without any o:her notice, all the remaining ~,s!eli~r>ents sAall b.: dve and payab6e at once. Pr~v:Iege is given to prepay this note in who~e or in put at any rime without penalty. Ne~ther forekxarance, ,r .~cceprarxe by thc holder thereof aiter any default in any payments hcrron, shall be dczmed e¦tension. A tate payment charge of sh~l) be ~ i•d ~o each +nsta~im.ent remain~ng unpa~d 7 days after its due date, and a li~r sum sha~l be added so eacti such installment temaining unpaid 7 days after • ~.'r~ succred~r.g parmen• dare. Each makrr, aurety and endcner here.:f, ~olnNy and severally, wa~vcs de~r-aru~, prese~hnrnt protest and notice of protest fw nonpaymenf, and further .,.;-er: to any eAtension of ti+ne of payn:r~t, ~~~he~ briore cx atter matu:~~y, witt.e~t nonce to any of us; and to pay all costs of collection, includ~ng a , c^able at!or~ry's fer in the evrn+ o! any def»!t hrrrundar, and heroby se.era:iy waivcs a11 bena(it of homestead and eaemption unde~ the tonsutut~on . d iaws of each Sea'e of rhe U~~ted State;, as ag~ir.st ih;s oLl~yation p any ~xtension o~ renewat hereof. Vtiitness ~!x hand an~ seal of ea:h partv. ~ ~ • s/ Frederick W. Houk ~Aq !sfs`u s/ Ann W. Houk ~~u) cs~w 548.95 s,~f~ R~Y~~~ ••~+,r.,pr ~ancd k~ err er g in e1 ~+e:el- NO'V, THEREFpRE, the MORTGAGOR for the purpose of sec~~~~+g payme~t of sa:d svm of j 32 • S~. ~ snd the perfo~mance oi the .~.:enants and agreemenrs hcre~r.after e~p~essed, and for d:vcrs good and valuatle cons~derafions, by these presents, does g~ant, bargain, sell, remise, :~se, conve~ a~d coni:::n unto ~he h!ORT'v'AGEE, irs successors and ass;g^s, ai! th~t cer~a~n lot, piece w parcel of Iand, tituate, lying, and being in the ~ c•„vy of $t . L~tC lE and State of Fbrida, deacrbed ~s follows: Lot 15, Block 161 of LAKEWOOfl PARK. UN IT 12, as Qer plat thereof recorded in Plat Book 11, Page 26 A of the records of St. Lucie County, Florida, - ,S ~ ~ - ~~~~e!F~ ~S ~ ~9n, yI'I ~ _ . ~uas??~ a, STATE FLORID~a 1 ~c+~x?'t ~ z C(i~UMfNTARY->-.:_..~ $;l;MP i!`, ~ - ' ~ UFPT. Oi HEYEYU~ - - ~ r oo ~ ~~F ~ x i~ ~ ~ N= pa =~~~-5•74 ~ 4 8. 7 5~ - o - ~ •cqethcr wi+h all and s+ngular the tenements. hereditaments and appurtances therevNO beioriging ,x in snywise s~rf~ining thereto, +nd all renls, issues, :•eceeds and profits aar~irg and to acvue trom said prem:ses, a~l af which are included in the sbove and foregoing desviptio~ and hsbendum. TO HAVE AND TO HOLO the above described and granted premises unto the said MORTGAGEE, its wtcesso~s and auigns forevd. Md the said their____ ' :~.•~RTGAGOR for - heirs, eaecwws, adminls~rs~ors and ass~gns, hereby cuvensnts with the said MORTGAGEE, its wcceuors u+d suig' _the3C___-__ Iawf~Ily se~zed of the sa~d prem~xs ir+ fee simple; that the same ue free, dear snd discharged from ~II Iiens and ~nc_~?- ~•ances in law or in equity, and that they W~~~ their ~~~s ,,,,~~ranr •nd defend ~he rirle a rhe ssme to the said : ~~RiGAGEE, its succeswrs and assigns, forever against the lawlul claims and demands of all persons; y,- PROVIDEU, AI~IAYS :hat if rhe 1~ORTGAGOR shatt pay unto the MORTGAGEE the promissay note hereinbefwe described and shaU truly, pra~nptly d fvtlY perform, d,scharge, e:ecvte, canplete, compty with and abide by each and etiery the stipulstions, agreemrnn, condiiwm snd :ove~?snri of said :•o~,~sso.ry nore artd of this INortgage, shen this Mortgage and the Estate hereby crested shall cease and be null and wid• IT IS :1NDERSTOCD that the wwd '"Mwtgagw" whether in the sirgular or plursl anywhere in this Mwtgsge, shall be sinyulu if ont only and s^•a'~ be plural join!ly and xverally if more than one, and that the word "~heii' ss used snywhere in thSs Mwtgage shsll be tsken to mean "his," "hen:' p ~rs;' wFxre~er f1x ~ontext so implies or adm~rs. Also, that wherever th¢re is a r~ference in the covensnts snd sgreements herein cor?tained to any of rne parties hereto, the same shalt be construed to mean as well ss the hcirs, legal representativd, successors and suigns feilher volvntary by ~tt of the ;~arties or invoiumary by operaian of the law) of the same a~d that the covenants herein contained shall bind snd the be~efits sod dvaMages inure ; the respective heirs, kyal representatires, successors and ass~gns of the parties hereto. And said Ahwtgagors. Ec+r themsetves and thed hein, kgal representatires, successon snd suigns, hrreby jointly and sevet~lly coven~nt snd ayr~e ro and wirh the said MORTGAGEE, irs successws a~d assigra: y~.- 1. To pay all and sing~lsi the principal a~d ~nterest and the vsrious and sundry sums of money paY~ble by virtue of ssid prom;uory nWe, and this ~ ~-,orrgage, each and every, prwrnrly o~ the days respectively the same severatFy becwne due. 2. To {»y all and s;ng~lar the ta~ees, assesunents, levies, liabilities, obligations and encumbrances of every n+ture snd ki~d rww on s+~d desuibed ~ ~roperry, o~ that hereaher may be ~mpoied, svHered, pfaced, lev~ed, a sueued thereon. w thst here~fter may be kvied a assessed vpon this Morty~ ~ a~e, a the indebtedness sec~red hereuy, each and every, when dve and psyable, sccadirg ro law, hefwe they become de'i~quern, and before any interest ~ _~'=_ches o~ any penatty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD TME SAME SHAII BE PROMPiLY SATISf1ED ANO OISCMARGED OF ~ECORD AND THE QRIWtvAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTAt3CE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICULIY ENOORSE~ CERTIFlED) 511A11 BE PlACEO IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NFXT AfTER PAYMENT; and in the event thst sny tfxreof is o01 ;;a~d. sat sfied and diuha.ged sa d MORTGAGEE msy at any t~me pay t'~e same a ~ny part thc?eof vni~Faut waiving w ~ffecring any option, lien, equity or .~qfir ~..+~ier o. by v~~r~e o! tF~s ~norrgage and the !ull amou~t of each and evcry such payment shall be immediately due and payable •nd shall bear interes~ - . ~~+e of n~ne prr centum per ann~m and toge~her wnh s~ch ioterest shall be secured by ~he lien of vh s--~ _~g~age - ~ _ _ _ ~ 'y~ ~ j _ - - - - . - ~ • a 5'C~~ _ ~.y.~ :x -